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Captives can provide value to their affiliated groups and be an intrinsic part of business owners’ exit strategy calculus—or just as easily a burden, says Matthew Queen of Venture Captive Management. 30 July 2018
Analysis
Incorporators of captive insurer Connecticut Foundation Solutions Indemnity Company (CFSIC) have selected nine board members to help address the crumbling concrete foundations crisis affecting Connecticut homeowners. 30 July 2018
Analysis
Ratings agency AM Best has affirmed the 'Excellent' financial strength ratings of Vermont-based Saturn Insurance (A) and Guernsey-based Jupiter Insurance (A-), both captive insurance subsidiaries of oil and gas company BP. 30 July 2018
Analysis
Artex Risk Solutions has promoted Michelle Bittick to the role of captive director, North America, based in Rolling Meadows, Illinois. 30 July 2018
Analysis
Assurance Agency and Connecticut-based captive consulting firm Michael Maglaras have formed a programme designed to meet the insurance and risk management needs of the senior care industry. 27 July 2018
Analysis
HSBC Global Asset Management (Bermuda), manager of HSBC Corporate Money Funds (HCMF), has introduced its first offshore US Treasury fund domiciled in Bermuda, targeted at institutional investors from the re/insurance, captive and ILS market locally. 25 July 2018
Analysis
A new insurance-linked securities structure is being devised in Guernsey for conducting both the fund and insurance element of business. 24 July 2018
Analysis
The 2018 Guernsey Insurance Forum will take the island's captive sector "back to its roots", says event host Guernsey Finance. 24 July 2018
Analysis
Global Captive Management (GCM), a captive manager licensed in the Cayman Islands, South Carolina and New Jersey, has promoted three of its employees to its senior management team. 20 July 2018
Analysis
US insurance broker Risk Strategies has agreed to acquire Oxford Risk Management Group, a Maryland-based provider of alternative risk and captive insurance services. 18 July 2018
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